Deep Yellow and Vimy Resources agree on $493M merger

Australian uranium explorers Deep Yellow Limited and Vimy Resources agreed on a A$658 million ($493.24 million) merger, with Deep Yellow acquiring 100% of Vimy shares.

“The expanded strong technical team of Deep Yellow, together with Vimy personnel, positions us well to bring both projects online when uranium prices support the generation of long-term, sustainable positive cash flows.”mining.com

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• mining.comAustralian uranium explorers Deep Yellow, Vimy agree on $493m merger deal - MINING.COMMar 31, 2022

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